By Layla Glynde on 23-07-2011
Tagged Under : Debt
The Internal Revenue Service has a right to offset taxpayers’ refunds to satisfy unpaid child support awards, federal and state unemployment overpayment debts, state income tax delinquencies and federal non-tax debts. After paying their debts and notifying taxpayers of their offsets, the IRS has six to eight weeks to send taxpayers their refunds.
Full Article…
By Brooke Woodger on 22-07-2011
More than one-third of the nearly $4 billion in loans the federal government plans to issue for the development of non-profit health insurance co-ops could end in default.
“There is that back-end estimate, for conservatism’s sake,” Steve Larsen, director of the U.S. Department of Health and Human Service’s office overseeing implementation of the federal health reform law, told reporters during a conference call this week.
HHS is providing $600 million in loans to help develop the co-ops, which are insurance carriers governed by consumers.
Full Article…
By Layla Glynde on 22-07-2011
Over time, you can measure your investment performance by the the amount it goes up or down, as well as a percentage of the original investment. These figures, however useful, do not tell you how well your investment performs compared to any benchmark. The active return measures your rate of return against a benchmark, such as a market index or set rate of return. A negative active rate does not mean you lost money, just that your investment did not do as well as the benchmark.
Full Article…
By Layla Glynde on 21-07-2011
Parents who are concerned about the high cost of a college education can set aside money in a 529 plan. These 529 plans are run by the states, and by some educational institutions as well. Parents can invest in these plans today and build a nest egg their children can tap when they head off to college. Parents who want to maximize their 529 savings can invest in several 529 plans if they wish.
Full Article…
By Brooke Woodger on 21-07-2011
An Albany, N.Y.-based organization dedicated to advancing the careers of women announced its 2011 industry partners, whose sponsorship shows their dedication to supporting women in insurance and financial services careers, according to the group.
Women in Insurance & Financial Services (WIFS) introduced its Diamond sponsors, who give $50,000 a year: Metropolitan Life Insurance Co. and MassMutual Financial Group.
Platinum sponsors, who give $30,000 a year, include Penn Mutual Life Insurance Co.
Full Article…
By Katie Angela on 20-07-2011
Recent research conducted at Harvard Medical School and the Harvard School of Public Health may have strong implications for informing the controversial debate currently surrounding national health care reform.
In a study published in the July edition of the American Journal of Preventive Medicine, the Harvard research team, led by first author Aakanksha Pande, a doctoral student in the Department of Population Medicine at HMS and Harvard Pilgrim Health Care Institute, found that Massachusetts health reform has effectively increased access to health care and reduced disparities. Full Article…
